By 2050, nearly half of all energy generated in Kazakhstan will be renewable. According to the data published by the Kazakh Energy Ministry, in 2017, production of electricity from alternative sources has increased 22 %. Solar and wind power stations, as well as biogas plants, gave the country more than one billion kilowatt hours of green energy. Thanks to the introduction of advanced technologies and participation of foreign companies, this figure is planned to increase. The Kazakh Minister of Energy is set to reduce the cost of renewable energy production and maintain reasonable electricity tariffs.

KANAT BOZUMBAYEV, KAZAKH MINISTER OF ENERGY:

- We will hold international auctions so the companies will come to these auctions. Due to the scale of such large projects, I think that the companies will bring their technologies to Kazakhstan and the price will drop significantly. The tariff will not be 34 tenge. We assume that this price will decrease twice for solar and wind energy. The auctions will give a push to lower prices for wind energy. If large companies come, there will be more competition.

Well-known international companies have showed their intention to participate in the auctions. Transition to alternative energy sources and reduction of greenhouse gas emissions will help Kazakhstan fulfill the commitments undertaken by the Paris Climate Agreement. Kazakhstan signed the international agreement on climate in 2016. Its main goal is to prevent the further rise of temperature on Planet Earth. Kazakhstan currently has 224 energy and other sources of greenhouse gas emissions. Starting from this year, Kazakhstan introduces a new quota system. New incentives and stimulation instruments are offered to enterprises that are using modern equipment and decreasing emissions of greenhouse gases into the atmosphere.

KANAT BOZUMBAYEV, KAZAKH MINISTER OF ENERGY:

 - The volume of quotas is determined transparently. The companies are chosen choose based on their performance in the past years since we record the amount of emissions they produced. Otherwise, if production is expanding, the quota will be determined based on the average emission index per industry. The separate coefficients in the coal plants and in the gas installations show average emissions. Thus, if someone exceeds this average coefficient, he or she will buy quotas from those who have lower emissions. Whoever will lower the emissions will sell their quotas to those who produce more greenhouse gases.

According to experts, in the next 10 years, the clean technologies will significantly reduce greenhouse gas emissions into the atmosphere, indicating that global warming owing to general and rational efforts could be stopped. 

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